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VR headset shipments spike, Faraday Future’s management shake-up
Nov.29 2022 20:32 PM
company-info
The tech giant said it will give away almost all its 20% stake, after the food delivery platform spent seven straight quarters in the red
Nov.28 2022 20:25 PM
company-info
China’s “Big Six” state-owned banks offer at least $130 billion in credit lines to property developers
Nov.25 2022 09:19 AM
company-info
South African media giant may cash out its $4.6 billion special dividend stake in the food delivery platform as it funds a massive share buyback of its own
Nov.24 2022 08:33 AM
company-info
South African media giant may cash out its $4.6 billion special dividend stake in the food delivery platform as it funds a massive share buyback of its own
Nov.24 2022 03:05 AM
company-info
Special dividend set for distribution in March continues internet giant’s divestiture of external investments so far including JD.com, Sea Ltd., BBK Electronics and Huayi Brothers
Nov.17 2022 04:10 AM
company-info
Upstarts have eaten away at the struggling company’s dominant position in China, but like the market leader, not one has turned a profit
Nov.16 2022 19:19 PM
company-info
Shares of Meituan, Kuaishou, Bilibili and Pinduoduo slip on report that Tencent may ditch Meituan under government pressure
Aug.17 2022 03:41 AM
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Meituan’s bike rental service, formerly known as Mobike, has raised its seven-day membership fee from 10 yuan to 15 yuan. Companies in China’s bike-sharing market, which has experienced a dramatic rise and fall since 2016, are raising rates as they struggle to survive in the face of rapid capital expansion costs and cutthroat competition
Aug.10 2022 20:31 PM
company-info
The internet giant has further downsized Jingxi Pinpin, cutting its presence to just Beijing and one other city
Jun.20 2022 21:01 PM
company-info
Fifty-fold increase in fines from 2020 shows the dimensions of the government’s broad crackdown on anti-competitive behavior by big tech, which bore 92.1% of the penalties
Jun.9 2022 03:59 AM
company-info
California-based rental giant says it signed agreements to facilitate the transfer of China-based listings to competitors such as Meituan Homestay, Xiaozhu, Tujia and Fliggy
Jun.6 2022 19:38 PM
company-info
Beijing urges Pakistan to bring the perpetrators to justice after three Chinese were killed in the South Asian country
Apr.28 2022 09:01 AM
company-info
Move sparks speculation over Covid link, but insiders say poor profitability, desire to refocus were likely more important
Apr.27 2022 20:54 PM
company-info
Senior exec leaves AI surveillance firm UCloud, Zhihu seeks Hong Kong listing
Apr.12 2022 20:30 PM
company-info
This year’s record class faces the toughest market in years and a mismatch between qualifications and the needs of employers
Apr.11 2022 05:47 AM
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Cyberspace Administration reports net gain at a dozen tech giants in assessing concerns that key job-creation engine was running out of gas after reports of employment cuts
Apr.9 2022 03:50 AM
company-info
Cyberspace Administration plans on-site inspections of internet giants like ByteDance and Tencent as new rules take effect
Apr.9 2022 03:20 AM
company-info
Community group buying provides a lifeline for some, but a shortage of workers is leaving food undelivered
Apr.8 2022 21:15 PM
company-info
Freeze on IPOs — especially abroad — casts a chill over tech startup finance in China, despite recent signals of a government thaw
Apr.7 2022 06:38 AM